The Neighborhood:
New Tacoma

On average, listings lease in the $20's per square foot per year.
The New Tacoma submarket is experiencing a decline in rates.
In the last 3 months, the median rate
decreased
$5 per sqft per year.
That's a 18%
decline in rent.

Compared to the rest of the Seattle Metropolitan Area market, the New Tacoma submarket has
lower rates, so you should have no trouble finding a great deal in this undervalued region.